Jcpenney store closings 2017 list

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Jcpenney store closings 2017 list

Update: Major retailers have announced plans to close thousands of stores in 2018. Click here for our new story. Some of the biggest names in traditional retail have closed more than 5,000 stores this year between slumping sales and increased competition from online sellers like Amazon. Macy?s, J.C. Penney, Sears and Kmart are among the retailers who have announced sweeping closures this year ? and the list goes on. RELATED: This retail secret can trick customers right into spending more money 2017 closes retail: Why you don't want to buy gift cards Money expert Clark Howard is repeating his warning about gift cards, which become useless if a shop or restaurant suddenly goes out of business. ? If you have gift cards in your home that are for major retailers, I want you to go shopping. I want you to use them", Clark said. Think twice before giving someone a gift card for Christmas. In 2017, several retailers announced the closure of shops in early January after reporting weak holiday sales. So if you give out a gift card in December and the store closes in January, the recipient might not have used it yet. If you don't know what to get someone, give them a nice card and give them money. It might not sound personal, but you don't have to worry about a store closing with cash. Here is our list of top retailers who closed stores in 2017: Latest News During the holiday season, Charming Charlie unveiled Chapter 11 for bankruptcy protection. The Houston specialty retailer has focused on fashion jewelry, bags, apparel, gifts and beauty products currently has about 375 stores ? but that is about to change. The Court's documents indicate that 97 offices will be closed by the end of the year. See the list in this courtroom. Employees in 45 Kmart stores and 18 Sears stores have just learned that this holiday season will be the last with the company because the stores are closing. In a press release, Sears Holdings said liquidation sales will begin on November 9 and the offices will close at the end of January 2018. The dealer closed more than 350 stores this year. South Road, South Road Lemay J.C. Penney ? "138 stores More than 100 J.C. Positions of Penney's warehouse" closed forever at the end of July. The dealer in difficulty said that he planned to close 138 stores in March, but postponed sales of liquidation until May due to the increase of foot traffic after the closing announcement. Almost all shops close on 31 July, except for some have been opened until September. Macy ? ? ? ? ? ? ? ??TM I'm not finished narrowing its retail footprint yet. The chain of the department store confirmed in February that it will close about 34 stores "the coming years" after closing almost 70 locations this year. The company has not yet revealed which locations could soon be on the cutting board. Related: 5 major changes that arrive in Macy, 2017 other retailers After reporting a 12% drop in sales for its third quarter, J. Equipaggio will close dozens of stores by the end of January, reported CNN money. In a news version, J.Crew said, he expects to close 50 stores during the Fiscal 2017, 39 of them in the fourth quarter. Stutource payless ? "800-900 stores Payless Shoesource announced in August that it emerged successfully from its restructuring11. Before the bankruptcy deposit, his website said the discount shoe retailer had 4,400 shops worldwide. That number was reviewed at 3,500 in his latest news version. news. He wants to close more than 400 stores after the first round of closure Vitamin World ? ?51 Vitamin World stores presented instance for bankruptcy protection Chapter 11 and plans to close dozens of subperformed shops, according to the Wall Street Journal. Newsday reports that the company will close at least 51 of its 334 stores, many of which are found in malls at national level. Gap ? ?200 Stores Gap Inc. plans to close 200 gaps and banana Republic offices in the coming three years, the company announced on 6 September. At the same time, Gap Inc. will open 270 offices for its growing brands, Old Navy and Athleta. Perfumania ? ? ?64 stores deprumed distributor at discounted prices Perfumania presented instance for bankruptcy protection Chapter 11 at the end of August and planned to close 64 of its 226 stores, CNN Money reported. In a press release, the retailer said he will emerge as a private company after restructuring. No list of affected offices have been published, but Perfumania has reduced its portfolio of stores by accelerating the closure of the underlying shops. Looking to the future, Perfumania invests in his e-commerce business to improve the customer's online shopping experience. Teavana 379 bad news shops for tea lovers! Starbucks is closing all its retail stores Teavana after a strategic revision of the business. Many of the 379 Teavana stores, which are mainly mall, have been subforming. Starbucks said he tried to improve sales through creative merchandising and new store designs, but wasn't working. The shops will close over the next year, with most of closing by next spring, according to a press release. Gymboree ? ?350 Shops La Gymboree Corporation? announced at the end of September to have successfully completed its financial restructuring and emerged from Chapter 11 as a new company with the name of Gymboree Group Inc. in June, the clothing retailer For children he announced the closure of about 350 shops, mainly his Gymboree and Crazy 8 brands Attentive revision, we are making an important step to reduce our debt, reinvigorate the Iconic brand of True Religion and place the company for future growth and success, "said John Ermatinger, President and CEO of True Religion. According to a list completed by USA Today, at least 27 stores during the failure process. Ascenda Retail Group ? ?At least 268 Ascenda Retail Group shops, the female clothing distributor that runs the brands Ann Taylor, Loft, Dress Barn, Lane Bryant, Justice and many others, is planning the closure Hundreds of shops. During a recent call for profits, the company's executives announced that 667 stores are part of its fleet optimization program. At least 268 of these shops shops will be closed by July 2019. The remaining 399 stores will be closed if you do not get lease concessions through negotiations with the owners. The company has not specified which locations will be closed. Michael Kors ?from 100 to 125 points sale Michael Kors will close between 100 and 125 points sale in the next two years. According to a press release of 31 May, the company is making the move to improve the profitability of its fleet of shops. The revenue fell in the last quarter. The retailer of clothing and bags did not reveal a list of shops on the cutting block. Bebe Stores? 180 stores The women's clothing store Bebe Stores closed all its about 180 points across the country. In a warehouse with the Securities and Exchange Commission dated April 21, the company said it plans to close all stores by the end of May after sales of liquidation. The future of the retailer remains uncertain, although some speculate that it will continue to be a merchant exclusively online. Rue21 ? 400 shops Teen clothing retailer rue21 has submitted application for chapter 11 bankruptcy protection. In a press release of 15 May, rue21 stated that it had agreed with its financiers to reduce the company's debt and provide additional capital to support its restructuring. In April, the retailer began the closing process of about 400 stores in order to focus on its most successful locations. RadioShack ?1000 stores After 96 years of activity, the RadioShack consumer electronics distributor will have only 70 business stores and 500 retailers across the country, falling compared to 7.300 of its peak. During the Memorial Day party, RadioShack closed more than 1,000 stores across the country. Abercrombie & Fitch 60 stores You can add Abercrombie & Fitch to the growing list of retailers that will close stores this year. According to a press release, the company plans to close about 60 U.S. offices during fiscal 2017 as lease contracts expire. ? Fortune reports that A&F will have 670 remaining stores, down from 839 just five years ago. Guessing 60 stores This year Guess detaching the plug to 60 of its shops. CEO Victor Herrero informed the decision analysts during a Q4 call earnings on March 15. It is expected that most closures will be among the flagship shops of the Guess brand and the headquarters of Marciano. Guess brands operate 945 retail stores in the Americas, Europe and Asia. About 400 of these shops are located in the United States. Crocs ?160 shops Crocs announced in a press release of March 1 that the brand will cut about 160 stores from its portfolio of 558 stores by the end of 2018. The Limited ?250 stores After more than 50 years of activity, The Limited closed all its nearly 250 stores across the country on January 8. The dealer hasthat its website would survive, but no merchandise is for sale. Wet Seal 171 stores Failed clothing store Wet Seal closed all of its 171 stores, according to the Wall Street Journal. A message on the website of the reseller reseller "Thank you, honey, it was real." American Apparel ? 110 stores Made in USA clothing manufacturer American Apparel closed its remaining 110 stores. According to a press release from January 10, Gildan Activewear's $88 million in a bankruptcy auction won the rights to the American Apparel brand and some goods. However, retail activities were not part of the purchase, according to Gildan. BCBG ? 120 high-end female clothing chain stores BCBG closed about 120 stores, mostly in the United States, according to the Minneapolis Star Tribune. The Star Tribune reported early February that liquidation sales were planned to run eight to 10 weeks before stores closed properly. The company's mini-shops within Macy will remain open. Gander Mountain ? Indeterminate After depositing for bankruptcy in March, the outdoor retailer Gander Mountain has a new owner. Liquidation sales were held in all 126 stores, but the CEO of Camping World Marcus Lemonis, the new owner, said it intends to maintain dozens of open positions. A final list of stores was not released, but you can search for updates on . hhgregg ? 220 stores After more than six decades, hhgregg electronic retailer has gone out of business this year. The news arrived after hhgregg did not find a buyer by its 7th April expiry. GameStop ? 150+ stores After reporting a decrease in sales in the fourth quarter, GameStop announced on March 24 that it will close between 2% and 3% of its global store footprint, which means at least 150 stores. GameStop fought because of weak sales of some video games and "aggressive consoles" from its competitors. Staples ? 70 shops Staples said in March that will close 70 positions throughout North America by the end of 2017. During a call of earnings, Staples said that sales of the same store in North America decreased by 7% during the fourth quarter of 2016. The decrease in sales was blamed on lower foot traffic. RELATED: Staples to shutter 70 stores in 2017 Family Christian ? 240 stores Family Christian, the nation's largest seller of books and Christian goods, announced on 23 February that 240 stores in 36 states would be permanently closed by 13 May. RELATED: Family Christian closes all 240+ places

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